Salamath Shereef vs Kerala Financial Corporation (Kfc) on 12 December, 2019
Author: P.B.Suresh Kumar
Bench: P.B.Suresh Kumar
IN THE HIGH COURT ... SATISH KUMAR
RESPONDENTS:
1 KERALA FINANCIAL CORPORATION (KFC),
REPRESENTED BY ITS MANAGING DIRECTOR,
VELLAYAMBALAM, THIRUVANANTHAPURAM - 695 033.
2 THE CHEIF MANAGER,
KERALA FINANCIAL CORPORATION (KFC
styled
as Pride International and sought information for franchise of Yum brand (KFC)
by E-Mail which was received by co-accused Niren Chaudhari ... crores but since the area of Bilaspur do not have
any brand KFC outlet, as such the payment of security amount of Rs.50 lakhs
modernized,
expanded or diversified. The eligibility would be certified
by KSIDC/KFC/General Manager, DIC, on their responsibility
and based on that certification of eligibility ... modernization involves scrapping of old plant and
equipment. Kerala State Financial Corporation (KFC) and
Kerala State Industrial Development Corporation (KSIDC), both
statutory Corporations
KNOWN TO THE PETITIONER,
THE CHARIMAN AND MANAGING DIRECTOR,
KERALA FINANCIAL CORPORATION (KFC),
VELLAYAMBALAM, THIRUVANANTHAPURAM - 695 033.
BY ADV. SRI.VENUGOPAL M.R., SC, KFC ... 1623 DATED
12.12.2018 ISSUED BY THE RESPONDENT, CHAIRMAN
AND MANAGING DIRECTOR, KFC.
ANNEXURE-F: TRUE COPY OF THE DELIVERY RUN SHEET OF
PROFESSIONAL COURIER, KANNUR
matter pertains to a proceedings initiated by the Kerala Financial Corporation
(KFC) to recover the outstandings on the loan, sanctioned to the appellant/petitioner. When ... borrower, to remit 25% of the overdue outstanding
by 30.03.2019. The KFC was then directed to consider the petitioner under the OTS
Scheme
sale, contested the proceedings.
Contending that the property has been mortgaged to KFC by him as a co-
surety, he sought the impleadment ... KFC in the above suit.
I.A.No.224 of 2018 filed by the petitioner herein was dismissed by the
court below
JUDGMENT
Petitioner had availed two loans from the Kerala Financial
Corporation (KFC), totalling to an amount of Rs.9 Crores, which
were availed ... short,
Ext.P4 notice is issued by the KFC against the tenants occupying
the building in question, directing them to vacate the premises
since
interest amount
was given by the assessee to KFC on behalf of the sister concern and as such the
assessee should have deducted ... submitted that
the assessee had utilised the loan from Kerala Financial Corporation (KFC) for the
last many years commencing from Assessement year
subject
matter of a mortgage in favour of the Kerala Financial Corporation (KFC) and in
exercise of its rights under the mortgage, KFC had brought ... that case , the entire sale consideration had been paid directly to KFC by
the purchaser and it was only thereafter only that the mortgaged property
license arrangement with Kentucky Fried
Chicken International Holdings, Inc. (in short „KFC‟) and
Pizza Hut International LLC (in short ―PHILLC‟). The YRIPL
sought permission from ... terms of approval of
SIA.
Separate funds were to be maintained for KFC and Pizza Hut
brands. Further as per clause 5.1 as reproduced above
